SEC crackdown sends shockwaves across crypto space, Bitcoin resilient – Cryptocurrency News
Posted on June 9, 2023 at 11:46 am GMTDuring this week, cryptocurrency markets experienced significant swings following the US Securities and Exchange Commission’s (SEC) lawsuits against two of the largest exchanges in the industry, Binance and Coinbase. Interestingly, Bitcoin seems to have shrugged off those regulatory risks as it managed to erase the biggest part of its initial slump. Is this a dead cat bounce? Regulatory pressures mount Undoubtedly, the crypto bear market in 2022 exposed flaws and failures in several cryptocurrency projects and business models, delivering significant blows to the [..]